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Aussie March job growth more than doubles forecast

Fri, Apr 17, 2015 - 5:50 AM

Full-time employment was healthy and hours worked rose again, suggesting that the labour market was not as weak as generally assumed.

PHOTO: BLOOMBERG

Sydney

AUSTRALIAN employment sped past expectations in March while jobs created in February were revised up sharply, an upbeat report that sent the local dollar surging as markets scaled back bets for another cut in interest rates.